Financing
100% financing available.
No money down.
Our preferred lenders offer programs that make new construction in Cape Coral accessible — with no down payment, no PMI, no flood insurance, no HOA, and no CDD. Plus, builder incentives to help with closing costs.
100% Financing Available
Qualified buyers can finance the entire purchase with no money down through our preferred lenders.
No Mortgage Insurance
Skip the PMI — our preferred lending programs eliminate mortgage insurance premiums entirely.
No Flood Insurance
Our available lots are located outside flood zones, so flood insurance is not required.
No HOA / No CDD
No homeowner association fees or community development district assessments on our properties.
Builder Incentive
Builder will contribute towards buyer closing costs, pre-paids, or rate buy-down with the use of a preferred lender and preferred title company.
First-Time Buyer Assistance
Additional $3,000 towards closing costs with only 3% down and no mortgage insurance for first-time homebuyers.
Preferred Lending Programs
We work with trusted lenders who offer programs tailored for Cape Coral new construction. Contact us to get connected with a preferred lender.
Affordable 100 Fixed-Rate Mortgage
100% financing designed to help you purchase your first home with no down payment and affordable monthly payments.
100%
Financing
$0
Down Payment
No
PMI Required
Program Benefits
- Borrow up to 100% of the home's value
- No borrower-paid mortgage insurance
- Seller contributions permitted up to 3%
- Fixed-rate mortgage with affordable monthly payments
- Qualify as long as you do not own a primary residence at closing
Doctor / Dentist Mortgage
Designed for doctors and dentists in residency or in the medical/dental profession — addressing high student loan debt with high future income potential.
- Up to 100% LTV for conforming and jumbo loan amounts
- Available to residents and practicing professionals
Pledged Asset Loan
Parents can help a child purchase a home by retaining their assets in a CD while “gifting” the funds. 97% LTV for conforming loan amounts.
All loans subject to qualification, required documentation and credit approval. Certain exclusions may apply. Loan terms and availability subject to change.
First-Time Homebuyer 10/1 ARM
Designed to help new home buyers get their dream home for less — with your interest rate locked for the first 10 years.
3%
Min. Down Payment
$3,000
Closing Cost Credit
No
PMI Required
Program Benefits
- Maintain your interest rate for at least 10 years
- Up to 97% financing available
- Up to $3,000 towards closing costs paid by lender
- No private mortgage insurance required
- Reduced origination fee of $500
- Gift funds allowed — only 1% from borrower, 2% can be gifted
- Available to non-permanent residents
- Up to $600,000 loan amount
Eligibility
- Have not owned a primary residence in the past 3 years
- No minimum credit score — member-centric underwriting evaluates overall credit history, employment, assets, and other factors
- Must complete an approved first-time homebuyer class prior to closing
- Property must be your primary residence
Are you a first responder, teacher, healthcare worker, or veteran? You may also qualify for our Community Heroes Mortgage — see more information below for additional down payment assistance and special rate options.
Loans are subject to credit approval and other underwriting criteria. Not to be combined with any other offers. Offer applies to primary purchase transactions.
Community Heroes Mortgage
Special mortgage options for the people who work so hard to help our community — from school employees and military to physicians and first responders.
97%
Financing
$0
Origination Fee
No
PMI Required
Program Benefits
- Up to 97% financing with low down payment
- No private mortgage insurance required
- No origination fee
- Low closing costs with personalized service
- No minimum credit score — holistic underwriting
Loan Term Options
Fixed rate: 40, 30, 20, 15, and 10 year terms
Adjustable rate: 3/3, 5/5, and 7/1 ARM options
Who Qualifies?
- School employees and educators
- Military and veterans
- Physicians and healthcare workers
- First responders (law enforcement, fire, EMS)
Property must be the member's primary residence. 3% minimum contribution required from borrower. Program eligibility subject to change without notice.
Florida Hometown Heroes Housing Program
For first responders, teachers, healthcare workers, and veterans
The Florida Hometown Heroes Housing Program helps eligible Cape Coral workforce members purchase a primary residence with down payment and closing cost assistance.
- Up to 5% of the loan amount (up to $35,000) in assistance
- 0% interest, deferred second mortgage
- For first-time, income-qualified homebuyers
Who qualifies?
- First responders (law enforcement, firefighters, EMS)
- Teachers and educators
- Healthcare workers
- Veterans and active-duty military
- Other eligible workforce members
Builder incentive on every new build
Builder will contribute towards buyer closing costs, pre-paids, or rate buy-down with the use of a preferred lender and preferred title company.
Combined with our preferred lending programs, many buyers are building brand-new custom homes in Cape Coral with little to no out-of-pocket costs.
Get Connected With a Preferred LenderFrequently Asked Questions
Do I really pay nothing out of pocket?
With the 100% financing program, qualified buyers can finance the entire purchase with no money down. Combined with the builder incentive towards closing costs, many buyers have minimal to no out-of-pocket expenses. Contact us to see what you qualify for.
What if I currently own a home?
The 100% no money down program requires that you do not own a primary residence at closing. If you currently own and plan to sell before closing on your new build, you may still qualify. We can walk you through the timeline.
What is the first-time homebuyer program?
Our preferred lender offers a 10/1 ARM with only 3% down (2% can be gifted), no mortgage insurance, up to $3,000 towards closing costs paid by the lender, and a reduced origination fee of $500. Your interest rate is locked for the first 10 years. You qualify as long as you have not owned a primary residence in 3 years. Loans up to $600,000. Gift funds allowed, and the program is available to non-permanent residents.
Is there a minimum credit score?
Our preferred lenders use member-centric underwriting and do not require a specific minimum credit score. They evaluate the entire application including credit history, employment history, accumulated assets, and other factors.
Are there programs for doctors or dentists?
Yes. Our preferred lender offers a Doctor/Dentist Mortgage with up to 100% LTV for both conforming and jumbo loan amounts. It is designed for medical and dental professionals — including those in residency — who may have significant student loan debt but high future income potential.
Can my parents help me buy a home without giving away their assets?
Yes. A Pledged Asset Loan allows parents to retain their assets in a CD while still helping a child purchase a first home. This program offers up to 97% LTV for conforming loan amounts.
Do I qualify for the Florida Hometown Heroes program?
If you are a first responder, teacher, healthcare worker, veteran, or other eligible Florida workforce member, you may qualify for up to $35,000 in down payment and closing cost assistance through a 0% interest deferred second mortgage. Contact us to find out.
Why is there no flood insurance required?
Our available lots in Cape Coral are located outside of designated flood zones, which means flood insurance is not required by lenders.
How do I get started?
Pre-qualify on our website in 2 minutes, or contact us directly. We will screen your situation and connect you with the preferred lender and program that best fits your needs.
Ready to explore your financing options?
Contact us to get screened and connected with the right preferred lender for your situation.